Cryptocurrencies are a digital form of money protected by encryption ๐ป
Crypto is decentralized ๐ฉโ๐ป, meaning no one officially controls it!
Not even the government ๐ฎ๐ปโโ๏ธor an individual bank
You probably canโt buy a donut at your local bakery with crypto โ๐ฉ
Thatโs because crypto is mostly for investing in, just like a stock! ๐
Cryptocurrencies like โBitcoinโ went viral for reaching insane prices ๐ค
Crypto prices move up and down a lot!
So, you could lose or gain a lot of money.
Since you canโt predict the next price jump, crypto can be treated as a way to diversify your portfolio in the long term ๐ง
There are 5 super popular cryptos: Bitcoin, Ethereum, Avalanche, Solana and Bitcoin Cash ๐
All of these are offered on Bloom ๐
Next, weโll learn more about the tech that powers crypto and each crypto token ๐
Choose an option
A crouton
A digital currency
Old cash
A fancy wallet
one way to diversify your portfolio
guaranteed to skyrocket
always a scam
the same as cash
Local purchases
Investing in, like stocks!
Coding
Nothing
Ethereum
Avalanche
Stablecoins